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Comment: Latest Nestlé-Garoto merger decision from Brazil's CADE consistent with market share caps set in original 2004 ruling

By Ana Paula Candil
  • 11 Jul 2023 20:57
  • 11 Jul 2023 20:57
Though the Brazilian competition authority in June conditionally approved the Nestlé-Garoto merger after blocking it before, the agency's decision remains consistent with the market share caps set in its original 2004 ruling against the deal.
The same case resulted in distinct outcomes essentially because the market became more competitive after almost

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Ana Paula Candil

Senior Correspondent, Latin America

Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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